Senior Analyst, Model Risk Management
Core
Validate and monitor pricing and risk models for a global clearing house, ensuring accuracy, robustness, and regulatory compliance across market, credit, and liquidity risks.
Role type
Senior IC model risk analyst (validation & monitoring)
Builds
Risk oversight and model governance frameworks for exchange-traded derivatives
Domain
Financial services / Clearing houses / Quantitative risk
Deliverable
production ML models
Required skills
Model validation, quantitative analysis, market/credit/liquidity risk frameworks, Python (NumPy, Pandas), SQL, option pricing theory, statistical risk modelling (VaR, Backtesting, Stress Testing)
Preferred skills
PRM, FRM, CFA certifications, clearing house/trading firm/bank experience, SR 11-7 guidelines knowledge
Technologies
Python, NumPy, Pandas, SQL
Responsibilities
Conduct independent validation of risk and pricing models and review stress testing frameworks; Document validation findings, communicate risks, and recommend improvements; Continuously monitor model performance and drive model changes or risk mitigating actions; Provide guidance on model usage and act as a key stakeholder liaison for new models and changes; Review model change and calibration proposals; Utilise programming skills to execute validation tasks and develop technical capabilities and tools for model testing and monitoring.
